RadioShack reportedly receives bids; sector drops

AndriaCheng

NEW YORK (MarketWatch) -- Retail stocks fell on Tuesday with the broader markets after Chinese manufacturing slowed unexpectedly. Defying the market moves, RadioShack Corp.
RSH, -0.28%
jumped 6.2% after the New York Post reported the electronics retailer has received bids including one from private-equity firm BlackStone Group. The S&P Retail Index
$rlx
fell 0.4% to 441.61.

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